Company Information

Get to know Vittana

Founded in 2008, Vittana was a 501(c)(3) non-profit organization with a mission to help students in the developing world access higher education through micro-student loans. Operating on a Kiva-like model, the platform allowed individual lenders from around the world to lend as little as $25 to a specific student's tuition. Vittana partnered with on-the-ground microfinance institutions (MFIs) in countries like Peru, Paraguay, Vietnam, and the Philippines to disburse and collect the loans. Despite its innovative model and impact, the organization announced its closure in June 2014, citing challenges in achieving the scale necessary for long-term financial sustainability.

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Vittana

United States

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.